Member Info for eddier

RNS just out.

. % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached 6.625642 0.024248 6.649890 7604798

Position of previous notification (if applicable) 0.000000 0.000000 0.000000

So much for UBS Selling up, market manipulation at these levels. N

They've certainly got confidence in the transformation by AH - increasing holdings from 5.5% to 10.2%

Oasis Management invested in Capita with the goal of improving the company's performance and maximizing shareholder value. Oasis, known for its activist investment approach, likely saw undervalued assets and potential for operational improvements within Capita. They aim to engage with management to implement changes that will enhance long-term sustainable earnings growth.

Here's a more detailed breakdown:

Activist Investment Strategy:

Oasis is known for its activist investment style, meaning they take significant stakes in companies and actively work with management to implement changes.

Undervalued Assets:

Oasis likely identified Capita as a company with undervalued assets or potential for improvement that were not reflected in its current market price.

Shareholder Value Maximization:

Oasis's core objective is to deliver strong returns for its investors, and they believe that by engaging with companies like Capita, they can help unlock hidden value and improve overall performance.

Constructive Engagement:

Oasis emphasizes constructive dialogue and collaboration with company management, rather than confrontational tactics, to drive positive change.

Long-Term Growth:

Oasis's engagement with Capita is focused on fostering long-term, sustainable earnings growth for the benefit of all shareholders.

Good find, like that the fund strategy aims to make at least 100% profit from investments over a 3-5 year period.

We already have a flavour of the results, plus some significantly interesting buyers so I'll be holding for a lot more than £3.50! You only have to look at the impact Ocean Management have had on sandwich maker Greencore with a 10% investment.

Capita Plc has received a significant vote of confidence in its turnaround strategy, with a regulatory filing revealing that Hong Kong-based activist ultimately controlled by Seth Hillel Fischer and event-driven hedge fund, Oasis Management Company Ltd., has acquired an economic interest equivalent to 5.5% of the company's shares.

The position, which represents 6,271,415 shares, has been built entirely through financial instruments known as Total Return Swaps. This means Oasis has full economic exposure to Capita's share price performance without currently holding direct voting rights. The use of such instruments often allows a fund to build a significant position discreetly and may help explain some of the recent strong buying pressure seen in the stock.

The arrival of a sophisticated event-driven fund like Oasis is a material development. Such funds typically invest in companies where they see a clear pathway to significant value creation, often through successful restructuring, improved financial performance, and potential future M&A activity. This move is likely to be interpreted by the market as a strong external validation of the 'A Better Capita' transformation being driven by CEO Adolfo Hernandez and his team, and signals a belief in the company's potential for a substantial re-rating as it progresses towards its key financial targets. They looking for the end Game 2 and half years with CEO record of Selling the company on.

Good to have another active investor along with Rockwood Strategic Capital

Capita plc ( CPI +0.39% ▲ ) has shared an update.

Oasis Management Company Ltd., based in Hong Kong, has acquired a significant holding in Capita plc, crossing the 5% threshold of voting rights through financial instruments. This acquisition positions Oasis Management as a notable stakeholder in Capita, potentially influencing the company’s strategic decisions and impacting its market dynamics.

Very true, loads of chat around that time about how the FTSE trackers would be taking big positions which would increase share price. It's a very different proposition, management team and company this time though!

Well on course with Market Cap for entry to FTSE 250 now.

Capita rallied to a nine-month high near 300p, boosted by further signs of progress on its turnaround under the leadership of chief executive Adolfo Hernandez.

At a recent update, he reiterated expectations for a second-half margin improvement and said the group is on track to be free cash flow positive from the end of this year.

He added that some of the efficiency savings from a £250 million cost reduction plan had been invested into new technology solutions, particularly those underpinned by artificial intelligence (AI).

Hernandez said: “AI is driving a significant technological revolution, and our refreshed operating model allows us to be at the forefront of these changes for our clients.”

Shares have rallied from 252p since the update on 17 June, when the group reported 24% year-on-year growth in contract wins to £969 million in the five months to 31 May.

Https://stocks.apple.com/A7untOW87QyiBxCkb3gqCJQ

Absolute stupidity, but they’re stuck with a large short that’s gone wrong. Good tree shake for smaller investors to fear something is amiss. Usual game play after such a fast increase. I’ll be holding for decent increase and the dividends going forward. Capita are a different business, not touching potential loss making contracts. JL has done a fantastic job!

Now showing as 15th Feb on https://www.evraz.com/en/investors/demerger/

EVRAZ Shareholders who were on the EVRAZ share register at the Demerger record time (6:00 p.m. GMT on 15 February 2022) should review the manuals uploaded on this site to determine the steps they are required to take to obtain their RASP Shares. If directed in such manual, EVRAZ Shareholders can obtain a transaction reference number using the generator below. In case of questions as to how to obtain the RASP Shares EVRAZ Shareholders should contact the Investor Relations Team on their contact details at the bottom of this site.

Is the old news? Hadn’t seen an RNS…

https://www.pensionsage.com/pa/SEI-to-acquire-Atlas-Master-Trust-from-Capita.php

Capita plc (Capita) today announces that it has agreed to sell its Secure Solutions and Services (SSS) business to NEC Software Solutions UK Limited for a consideration expected to be £62m, on a cash free debt free basis.

Do you have some of the text of the article?

Good RNS, increase from 15.2% to over 16% - they've certainly got confidence in the turnaround plan progress..

What’s the odds of a private equity bid on this? So undervalued it’s a no brainier!